earnings
confidence high
sentiment positive
materiality 0.85
Simmons First National posts record Q4 net income of $83.3M; EPS $0.65, dividend raised 5%
SIMMONS FIRST NATIONAL CORP
2022-FY EPS reported
$2.06
- Q4 net income $83.3M ($0.65 diluted EPS); adjusted EPS $0.64. Full-year 2022 net income $256.4M.
- Record full-year revenue $887.4M, up 13% YoY; pre-provision net revenue $320.9M, up 13%.
- Loans grew 3% QoQ to $16.1B; deposits up 2% to $22.5B. Credit quality remains low: NPL ratio 0.37%, net charge-offs 0.13% in Q4.
- Board approved 5% dividend increase for Q1 2023, marking 114th consecutive year of dividends.
- Regulatory capital ratios exceed well-capitalized levels; CET1 ratio 11.90%, total risk-based capital 14.22%.